June 2023 - cypherpunks - lists.cpunks.org

FTX Can Oppose Bankman-Fried's Bid For Fenwick Docs
by Gunnar Larson 15 Jun '23

15 Jun '23

FTX Can Oppose Bankman-Fried's Bid For Fenwick Docs By Phillip Bantz A Manhattan federal judge has opened the door for FTX to fight Sam Bankman-Fried's attempt to get his hands on documents related to Fenwick & West LLP's earlier legal work for the now-bankrupt crypto exchange as he explores a potential blame-the-lawyers defensFTX Can Oppose Bankman-Fried's Bid For Fenwick Docs e strategy. https://www.law360.com/banking/articles/1688830?nl_pk=99a2a594-20ad-4b2f-a2…

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Ex-Barclays Banker Tells Of Inside Trades With Goldman Pal
by Gunnar Larson 15 Jun '23

15 Jun '23

Ex-Barclays Banker Tells Of Inside Trades With Goldman Pal By Stewart Bishop A former Barclays trader testified Wednesday that he was part of an insider trading scheme with a Goldman Sachs banker who was feeding him stock tips derived from the New York-based investment bank's confidential information about its mergers and acquisitions dealings, and said that he initially thought their joint stock venture was legit. https://www.law360.com/banking/articles/1689109?nl_pk=99a2a594-20ad-4b2f-a2…

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Re: FOIL Request# 2023-095230 Acknowledgement FOIL-2023-095230-019924 (TECHSPRINT ON DIGITAL REGULATORY REPORTING IN CRYPTOCURRENCY. Keynote Fireside Remarks by Superintendent Lacewell and PayPal CEO Dan Schulman)
by Gunnar Larson 15 Jun '23

15 Jun '23

Mr. Meltzer: Thank you for your email. Gunnar On Thu, Jun 15, 2023, 9:12 AM <Edward.Meltzer(a)dfs.ny.gov> wrote: > > DEAR Gunnar D Larson: > > I write to acknowledge receipt of the FOIL request that you submitted to > the New York State Department of Financial Services (DFS) on 06/08/2023, > which has been assigned the above referenced tracking number. This number > should be the number that you refer to in all future communications with > DFS. > > > > Your request has been referred to the appropriate DFS unit(s) to search > for the records that are responsive to your request. The assigned unit(s) > will contact you within 20 business days to (i) advise whether the unit has > any records that are responsive to your request; (ii) grant or deny your > request, if the unit has responsive records; or (iii) apprise you of the > progress of your request, if the search or review of the records that you > requested is still on-going. > > Thank you. > > New York State Department of Financial Services > > If you are a New York State resident and would like to register to vote or > update your address, you may complete and submit to your County Board of > Elections a New York State Voter Registration Form which can be found at > http://www.ny.gov/services/register-vote . > > Tracking Number:FOIL-2023-095230-019924 > From: <noreply(a)its.ny.gov> Date: Thu, Jun 8, 2023, 3:51 PM Subject: FOIL Request Confirmation from Open FOIL NY To: <G(a)xny.io> Thank you for submitting your FOIL request through Open FOIL NY. Here is your Open FOIL NY confirmation information for future reference: LARSON_DFS_20230608155132162 INFORMATION SUBMITTED: Records Requested From Department of Financial Services Short Title TECHSPRINT ON DIGITAL REGULATORY REPORTING IN CRYPTOCURRENCY. Keynote Fireside Remarks by Superintendent Lacewell and PayPal CEO Dan Schulman Description Dear Madam or Sir: xNY.io - Bank.org kindly submits today's FOIL request seeking access to the video recording featuring Linda Lacewell and PayPal CEO Dan Schulman mentioned below. Warm regards, Gunnar Larson xNY.io - Bank.org 917-580-8053 —- DFS ANNOUNCES WINNERS OF TECHSPRINT ON DIGITAL REGULATORY REPORTING IN CRYPTOCURRENCY Demo Day Featured Keynote Fireside Remarks by Superintendent Lacewell and PayPal CEO Dan Schulman Three Winning Teams Showcase Solutions to Advance Digital Regulatory Reporting The New York State Department of Financial Services (DFS) today concluded its first-ever Techsprint with a public Demo Day featuring a keynote fireside chat between Superintendent of Financial Services Linda A. Lacewell and PayPal CEO Dan Schulman. Wrapping up a two-week exercise that attracted participation from nearly 100 professionals in cryptocurrency and financial regulation, a panel of judges selected winners in three categories: (1) Greatest Industry Impact; (2) Most Creative Implementation; and (3) Most Functional Prototype. “These fresh and innovative proposals will help the Department fulfill its vision of becoming the regulator of the future, to better serve consumers and uphold the safety and soundness of the firms we supervise,” said Superintendent Lacewell. “This Techsprint is a testament to what we can accomplish when government and industry come together to deliver actionable solutions that will lead to a stronger and more transparent marketplace. Congratulations and thank you to all participants, our partners at CSBS, AIR, and to our brilliant judges.” Before the winners were announced, Superintendent Lacewell and Mr. Schulman discussed the future of finance, the evolution of cryptocurrency and the importance of innovation in regulation during a fireside facilitated by Jo Ann Barefoot, CEO and Co-Founder of the Alliance for Innovative Regulation (AIR). https://www.dfs.ny.gov/reports_and_publications/press_releases/pr202103121 Uploaded Files FOIL Response Format Media: USB If fees apply, please contact me if costs will be greater than $10000 Your FOIL request has been forwarded to the organization(s) you selected, and the respective Records Access Officer will contact you directly for further processing of your request. Please allow up to five business days for such communication(s). For your convenience, here is additional contact information: Department of Financial Services One State Street 20th Floor New York, NY 10004

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Thousands protest in El Salvador against strict abortion law after pregnant woman's death
by pro2rat＠yahoo.com.au 15 Jun '23

15 Jun '23

Sorry! Thousands protest in Poland against strict abortion law after pregnant woman's death. An intern has been severely disciplined

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Blockstream now proffers mining as a servce
by pro2rat＠yahoo.com.au 15 Jun '23

15 Jun '23

Blockstream now offer mining services and in related news . . . Fascist North Korea Is Now Mining Crypto to Launder Its Stolen Loot! https://www.wired.com/story/north-korea-apt43-crypto-mining-laundering/ Reposts not studious attempts to place Adam Back in bed with Kim Wrong In

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Re: FOIL Request No. 2022-090560 - Larson (NY-DFS Apple Card Investigation)
by Gunnar Larson 15 Jun '23

15 Jun '23

Dear Ms. Tomczak: How are you? I hope all is well. Might there be an update on the Apple Card records? Thank you, Gunnar On Tue, May 30, 2023, 2:18 PM Tomczak, Christine (DFS) < christine.tomczak(a)dfs.ny.gov> wrote: > Hello Mr. Larson, > > > > I am working on your appeal and hope to have a reply to you soon. > > > > Christine > > > > *From:* Gunnar Larson <g(a)xny.io> > *Sent:* Friday, May 26, 2023 5:03 AM > *To:* Tomczak, Christine (DFS) <christine.tomczak(a)dfs.ny.gov> > *Cc:* JeanBaptiste, Pascale (DFS) <Pascale.JeanBaptiste(a)dfs.ny.gov>; > cypherpunks <cypherpunks(a)lists.cpunks.org> > *Subject:* Re: FOIL Request No. 2022-090560 - Larson (NY-DFS Apple Card > Investigation) > > > > *ATTENTION: This email came from an external source. Do not open > attachments or click on links from unknown senders or unexpected emails.* > > > > Dear Ms. Tomczak: > > > > May we kindly seek an update on our FOIL request to access the Apple Card > investigation records? > > > > Thank you, > > > > Gunnar > > > > Gunnar Larson > > xNY.io - Bank.org > > 917-580-8053 > > > > On Wed, May 10, 2023, 4:58 PM Tomczak, Christine (DFS) < > christine.tomczak(a)dfs.ny.gov> wrote: > > Dear Mr. Larson, > > > > I am getting back to you to apologize for the delay and assure you that > your appeal is under review and you will receive a response in the near > future. > > > > > > Christine M. Tomczak > > Assistant Counsel > > > > New York State Department of Financial Services > > 1 State Street, New York, New York 10004 > > > > > > *From:* Gunnar Larson <g(a)xny.io> > *Date:* May 9, 2023 at 4:42:58 PM EDT > *To:* "JeanBaptiste, Pascale (DFS)" <Pascale.JeanBaptiste(a)dfs.ny.gov> > *Cc:* "Garrett, Carmen (DFS)" <Carmen.Garrett(a)dfs.ny.gov>, cypherpunks < > cypherpunks(a)lists.cpunks.org>, "Harris, Adrienne A (DFS)" < > Adrienne.Harris(a)dfs.ny.gov> > *Subject:* *Re: FOIL Request No. 2022-090560 - Larson (NY-DFS Apple Card > Investigation)* > > > > *ATTENTION: This email came from an external source. Do not open > attachments or click on links from unknown senders or unexpected emails.* > > > > Dear New York State Department of Financial Services: > > > > From our October 13, 2022 appeal associated with access to NY-DFS' Apple > Card records, it appears xNY.io - Bank.org has not heard from you. > > > > Today, Bloomberg reports that > > Goldman is to Pay $215 Million to End Case on Underpaying Women > https://www.bloomberg.com/news/articles/2023-05-08/goldman-shells-out-215-m…. > > > > > NY-DFS' Apple Card Report records requested are key to determining any > collusion between former Superintendent Lacewell and Goldman Sachs > concerning women's access to Apple Card. It would appear Bloomberg's > reporting today conflicts with NY-DFS' Apple Card Investigation. > > > > No response from NY-DFS on our appeal could be suggested as obstruction. > > > > We seek an update from NY-DFS by 5:00pm tomorrow on our Apple Card FOIL > records request. Without an update on this matter we will be forced to > contact the New York State Attorney General's office for urgent assessment, > with plea to engage New York's False Claims Act. > > > > Sending you the very best, > > > > Gunnar > > > > Gunnar Larson > > xNY.io - Bank.org > > 917-580-8053 > > > > On Thu, Oct 13, 2022, 4:54 AM Gunnar Larson <g(a)xny.io> wrote: > > Good morning: > > > > We would like to appeal this decision. > > > > “We would like to receive any and all records, relating to NY-DFS' 2021 > Apple Card Investigation. This is one part of a broader discussion we must > have about equal credit access. On March 23, 2021, Ms. Linda Lacewell > published NY-DFS' Findings on Apple Card and its Underwriter Goldman Sachs > Bank. As the former Superintendent of NY-DFS, Ms. Lacewell's stone faced > propaganda assured that Apple Card did not discriminate against women, > while under Goldman Sachs management. The red flags started to appear when > an authorized user drew attention to the following: A person who relies on > a spouse's access to credit, and only accesses those accounts as an > authorized user, may incorrectly believe they have the same credit profile > as the spouse. We recently collated 61 highlights to the Report on Apple > Card Investigation from March 2021: > > https://drive.google.com/file/d/1xH16OKyuXzB-MVqIznMWDE9w8RRdmZCw/view > > The Apple Card investigation was to assess women's access to equitable > finance. The > > integrity of the Apple Card investigation must be rationally considered as > flawed. We would like to receive any and all records of Ms. Linda > Lacewell's (emails, texts, and > > similar) involvement with the 2021 Apple Card report. We would like to > receive any and all records to NY-DFS association to evaluating Ms. Linda > Lacewell's ability to score a report specific to the Apple Card's core > subject of credit access for women. Finally, we would like to receive any > and all records related to NY-DFS guidance on Interlocking > > Directorates ( > https://www.dfs.ny.gov/apps_and_licensing/banks_and_trusts/other/Permission… > > rlocking_Directors_and_Officers), specific to Apple's Board of Directors > and Goldman > > Sachs' Board of Directors.” > > > > Please forgive my candor, but if DFS actually conducted an 'Apple Card > Investigation' ... There would be some records relating to the > investigation. > > > > Warm regards and thank you, > > > > Gunnar > > > > Gunnar Larson > > xNY.io - Bank.org > > 646-454-9107 > > > > > > On Wed, Oct 12, 2022, 9:17 PM JeanBaptiste, Pascale (DFS) < > Pascale.JeanBaptiste(a)dfs.ny.gov> wrote: > > Dear Gunnar Larson: > > > > Please see the attached determination in response to your FOIL request. > Thank you. > > > >

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When Is a Digital Token a Security, and Why Does It Matter?
by Gunnar Larson 15 Jun '23

15 Jun '23

The fight over crypto is boiling down to an exasperatingly fine legal point: whether digital coins are securities. When Is a Digital Token a Security, and Why Does It Matter? https://www.bloomberg.com/news/articles/2023-06-15/when-is-a-digital-token-…

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Boris Johnson Misled Parliament Over Partygate, Panel Confirms
by Gunnar Larson 15 Jun '23

15 Jun '23

Former Prime Minister Boris Johnson committed a “serious contempt” of Parliament, according to a long-awaited probe that found he repeatedly misled lawmakers over rule-breaking parties at his Downing Street office during the COVID-19 lockdowns. Boris Johnson Misled Parliament Over Partygate, Panel Confirms https://www.bloomberg.com/news/articles/2023-06-15/boris-johnson-misled-par…

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Two Crypto Platforms Halt Withdrawals in an Echo of the Sector’s 2022 Woes
by Gunnar Larson 15 Jun '23

15 Jun '23

Two crypto lenders with links to South Korea halted withdrawals in quick succession, a reminder of lingering risks even after regulators around the world tightened oversight of the industry. Two Crypto Platforms Halt Withdrawals in an Echo of the Sector’s 2022 Woes https://www.bloomberg.com/news/articles/2023-06-14/delio-follows-haru-in-pa…

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Cryptocurrency: US Congress Files To Fire The Gensler Jackass
by grarpamp 15 Jun '23

15 Jun '23

US Lawmakers File "SEC Stabilization Act" To Fire Gary Gensler Authored by Derek Andersen via CoinTelegraph.com, United States Rep. Warren Davidson has introduced the “SEC Stabilization Act” into the House of Representatives, announced on June 12. One of the bill’s main provisions is to fire Securities and Exchange Commission (SEC) Chair Gary Gensler. Davidson said in a statement: “U.S. capital markets must be protected from a tyrannical Chairman, including the current one. That’s why I'm introducing legislation to fix the ongoing abuse of power and ensure protection that is in the best interest of the market for years to come. It’s time for real reform and to fire Gary Gensler as Chair of the SEC." Davidson declared his intention to introduce the bill earlier this year. He made that announcement in reply to a tweet by Coinbase legal chief Paul Grewal. Rep. Tom Emmer is the co-author of the bill. Emmer said, “The SEC Stabilization Act will make common-sense changes to ensure that the SEC’s priorities are with the investors they are charged to protect and not the whims of its reckless Chair." According to Fox News, the bill would remove Gensler from office and redistribute power between the SEC chair and commissioners. It would also add a sixth commissioner to the agency, disallow any party from holding a majority on the commission and create an executive director position. The #SECStabilizationAct explained ⤵️ ❌ Fires Chair @GaryGensler ✅ All rulemaking, enforcement, & investigations conducted by 6 commissioners ➕ Creates ED Role for day-to-day operations Thank you, @GOPMajorityWhip for helping lead this legislation. pic.twitter.com/QFEHePJh1h — Warren Davidson 🇺🇸 (@WarrenDavidson) June 12, 2023 Although the lawmakers did not mention cryptocurrency in their statements, both Davidson and Emmer are known to be pro-crypto and critical of Gensler’s leadership at the SEC. Emmer has, for example, called Gensler a “bad faith regulator," and Davidson is the vice chair of the House Financial Services Committee’s new Subcommittee on Digital Assets, Financial Technology and Inclusion. An SEC spokesman declined to comment when approached by Cointelegraph.

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